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Critical Success Factors of Small and Medium-Sized Enterprises in Saudi Arabia: Insights from Sustainability Perspective

Author

Listed:
  • Ahmad Al-Tit

    (College of Business and Economics (CBE), Qassim University, Buraidah 15452, Saudi Arabia)

  • Anis Omri

    (College of Business and Economics (CBE), Qassim University, Buraidah 15452, Saudi Arabia
    Faculty of Economics and Management of Nabeul, University of Carthage, Carthage 1054, Tunisia)

  • Jalel Euchi

    (College of Business and Economics (CBE), Qassim University, Buraidah 15452, Saudi Arabia
    LOGIQ Laboratory, Sfax University, Sfax 3029, Tunisia)

Abstract

The aim of this study is to explore the critical success factors (CSFs) of small and medium-sized enterprises (SMEs) in Saudi Arabia. A questionnaire was developed using 28 factors/indicators identified from the previous researches. From 500 respondents, a total of 347 questionnaires were returned. By conducting exploratory factors analysis, these indicators were categorized into six factors, namely: Individual factors, business characteristics, management factors, business support, capital availability and business environment. Using IBM SPSS and AMOS, the results indicated that business support was the most critical factor that significantly affects the success of SMEs in Saudi Arabia, followed by individual factors, capital availability, and management factors. They also indicated that business characteristics and business environment factors had no significant impacts on the success of these enterprises.

Suggested Citation

  • Ahmad Al-Tit & Anis Omri & Jalel Euchi, 2019. "Critical Success Factors of Small and Medium-Sized Enterprises in Saudi Arabia: Insights from Sustainability Perspective," Administrative Sciences, MDPI, vol. 9(2), pages 1-12, April.
    • Handle: RePEc:gam:jadmsc:v:9:y:2019:i:2:p:32-:d:219413
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    References listed on IDEAS

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    4. Vishal Vyas & Sonika Raitani & Ankur Roy & Priyanka Jain, 2015. "Analysing critical success factors in small and medium enterprises banking," World Review of Entrepreneurship, Management and Sustainable Development, Inderscience Enterprises Ltd, vol. 11(1), pages 106-123.
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    2. Kanayo K. Ogujiuba & Maria Eggink & Ebenezer Olamide, 2023. "Interaction and Main Effects of Finance Support and Other Business Support Services on the Entrepreneurial Ecosystem: A Case Study of the Mpumalanga Province, South Africa," Economies, MDPI, vol. 11(6), pages 1-23, May.
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